How to Buy Chainlink (LINK) in 2025: Step-by-Step Guide

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You can buy Chainlink (LINK) on trusted exchanges like eToro, Binance, Coinbase, Kraken, and KuCoin. Sign up on your chosen platform and verify your identity (KYC). Have a payment method ready, such as a bank account, credit card, or e-wallet. Most platforms let you buy LINK instantly after setup.

Buying LINK involves choosing a reputable exchange that lists it (eToro is beginner-friendly, Binance has low fees). Create an account, complete verification, then deposit funds via card, bank transfer, or PayPal. Finally, place your LINK order. The process takes minutes. Check for regional restrictions first, as LINK availability varies by location.

What is Chainlink and Why Buy It in 2025?


Chainlink is a decentralized network launched in 2017. It solves a key blockchain problem: securely connecting smart contracts to real-world data like prices or weather. Think of it as a trusted messenger. Many nodes fetch and check this data before sending it to blockchains. This lets dApps work reliably with outside information. Developers pay in LINK tokens to use this service. Node operators earn LINK for providing data. This creates real demand for LINK.

In 2025, Chainlink remains widely used, especially in DeFi for price feeds in lending and trading. It also provides services like verifiable randomness for gaming. LINK’s utility grows too – you can now stake it to earn rewards (around 5% yield currently). This stakes your claim in the network’s security. And because Chainlink powers critical Web3 infrastructure, many investors expect LINK’s value to grow.

Benefits of LINK:

  • Trusted data: Provides highly reliable, decentralized data feeds, solving the “oracle problem” for countless projects.
  • Essential infrastructure: Deeply integrated across DeFi, enabling blockchain interoperability for diverse dApps.
  • Utility & rewards: LINK pays for services and rewards node operators. Holders can stake to earn passive income.

Chainlink at a Glance:

  • Launch Year: 2017
  • Market Cap: $12.57B
  • Current Price: $12.57
  • Rank: #11

Is Chainlink still worth investing in today?

Chainlink (LINK) remains a top cryptocurrency in 2025, valued for its essential role in blockchain infrastructure. While LINK experienced significant volatility historically (reaching $53.01 in May 10, 2021), its price stabilized and surged past $20 in mid-2025 following major partnerships bringing real-world data on-chain. Over 2,000 projects now use its oracle technology, driving adoption. Seen as a long-term play on Web3 growth, LINK is still volatile but has strong upside potential.

For a detailed analysis of future prices, check out our Chainlink price prediction guide; forecasts are close to No price prediction available for the specified year. by end-2025 to No price prediction available for the specified year. in optimistic scenarios by 2030, though caution is advised.

Where to Buy Chainlink in 2025 – Best Exchanges Compared


To buy Chainlink (LINK), use trusted best crypto exchanges like eToro, Binance, Coinbase, Kraken, or KuCoin. Compare these platforms on fees, regulation, payment options, and ease of use to choose the right one. Popular picks balance low costs, strong oversight, and simplicity.

eToro Binance Coinbase Kraken KuCoin
Fees Around 1% commission + spread Close to 0.1% per trade 0%-0.6% (maker/taker) or around 1.49% on simple buys 0.16% maker / 0.26% taker Close to 0.1% trading fee (with KCS discounts)
Regulation Yes – licensed in US, EU, UK (FCA, CySEC, FINRA) Limited – global platform, not US-regulated (Binance has faced regulatory issues in some countries) Yes – US publicly listed company, complies with regulations Yes – longtime US & EU compliant exchange (FinCEN, FinTRAC, etc.) No – offshore exchange, not licensed in US/EU (uses Seychelles registration)
Payment Methods Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, etc. Credit/Debit Card, Bank Transfer, P2P marketplace, Crypto deposits Bank Transfer, Credit/Debit Card, PayPal (for some regions), Apple Pay Bank Transfer, Debit/Credit Card (with fees) Limited fiat options – third-party card processors, P2P trades, or direct crypto deposits
Min Deposit $10 (approx. in most regions) $0 minimum (no set deposit minimum; $10+ recommended for card buys) $2 (very low minimum trade on Coinbase) $10 (minimum to start trading) $0 (no fixed minimum; even small crypto deposits allowed, ~$5+ via card)
User Rating 7.5/10 – Good (easy for beginners, copy trading feature) 9/10 – Excellent (low fees, huge selection, advanced features) 7.9/10 – Good (very user-friendly, higher fees) 7.8/10 – Good (strong security & pro tools, interface can be complex) 8.9/10 – Great (massive coin variety, low fees; best for experienced users)

ℹ️The data in this table is revised weekly.

How to Buy Chainlink (LINK) – Step-by-Step Guide


Ready to make your first Chainlink purchase? In this section, we’ll walk through the process step-by-step, assuming you’re a beginner. For illustration, we’ll use eToro as the example platform since it’s user-friendly and available in many countries (note: if eToro isn’t available in your region, the steps are very similar on other top exchanges like Coinbase or Kraken). By following these steps, you’ll go from zero to owning your first LINK tokens:

1. Choose an Exchange

First, pick where you’ll buy Chainlink. Choose a platform like eToro, Binance, Coinbase, or Kraken. Confirm it supports LINK and is properly licensed in your country. If you’re new to crypto, start with simple options like eToro or Coinbase. For those with more experience, Binance or KuCoin offer advanced tools. Also weigh fees against security and ease of use – eToro keeps things straightforward, while Binance costs less but feels busier.

etoro is a good exchange app

2. Register & Verify Your ID

Sign up on your chosen exchange by providing your email, creating a password, and entering details like your name and country. Next, complete KYC verification: upload proof of identity (passport, driver’s license) and sometimes proof of address (utility bill). This required step protects against fraud and unlocks full account features like higher limits and withdrawals. Verification is usually quick (minutes to hours) on major platforms.

register your account and verify your ID on etoro

3. Deposit Funds

Deposit funds to buy Chainlink by logging into your verified exchange account and selecting “Deposit”. Choose your payment method:

  • Credit/Debit card: Fastest (often instant), but fees can be higher (typically 0%-4%).
  • Bank transfer: Lowest fees (often free), but slower (1-3 days).
  • E-Wallets (PayPal, etc.): Convenient, fees vary (sometimes 0%).
  • Crypto deposit: Use existing crypto like BTC or USDT to trade for LINK.

Enter the amount, noting low minimums, and wait for funds to arrive.

4. Search for Chainlink

Search “LINK” or “Chainlink” on your exchange. Simple apps like eToro or Coinbase let you click “Buy” and enter your amount. On advanced exchanges like Binance or Kraken, pick the right trading pair first – like LINK/USD for dollars or LINK/EUR for euros. Stick to market orders; they execute instantly at current prices.

search for chainlink on etoro

H3: 5. Execute the Purchase

To buy Chainlink, select “Market Order” on the LINK trading page for instant execution at the current price. Enter the amount you want to spend in your currency (e.g., $250) or the amount of LINK to buy. Double-check the details, including the total cost and any fees shown. Click “Buy” or “Execute” to confirm. Your LINK tokens will appear in your account balance immediately. You can view them in your Portfolio. For security, consider moving larger amounts to a personal wallet later.

💡 Cryptonews Tip

Want to explore ways to earn from your crypto beyond just holding LINK? Consider reading our guide on how to make money with cryptocurrency. It covers strategies – from staking and yield farming to trading – that you can apply to Chainlink and other coins. It’s a great next read once you’ve got the basics down.

How to Buy Chainlink (LINK) with Different Payment Methods


You can use multiple payment methods to buy Chainlink, each with its advantages. The best option for you may depend on convenience, fees, and what’s available in your country. Here’s an overview of the common ways to pay for LINK:

Buy Chainlink (LINK) with Credit or Debit Card

Using a credit or debit card is the fastest way to buy Chainlink instantly on exchanges like Coinbase, Binance, and Kraken. Simply enter your card details and purchase amount; LINK appears in your account moments after confirming (often with a bank verification code).

Pros & Cons of Buying Chainlink with Credit or Debit Card:

  • Pros: Extremely fast and simple, ideal for beginners. No need to pre-fund your account.
  • Cons: Higher fees (typically 3-4% on some platforms). Rarely, banks may treat it as a cash advance (check your bank’s policy).

Despite the fee, this method is perfect for quick, small-to-medium purchases, offering unmatched convenience for first-time buyers. Always factor fees into your budget.

Buy Chainlink (LINK) via Bank Transfer

A bank transfer (ACH, SEPA, Faster Payments) is a reliable, low-cost method to buy Chainlink. It is ideal for larger purchases or fee-sensitive users. Deposit funds from your bank to your exchange account first, then use them to purchase LINK.

Pros & Cons of Buying Chainlink via Bank Transfer:

  • Pros: Lowest fees (often $0 deposit fees), high funding limits, saves significant money vs. cards on large amounts.
  • Cons: Slow (1-5 days for funds to arrive), requires manual setup via your bank using exchange-provided details.

This method is best when you plan and prioritize cost savings over speed. Ensure your bank account name matches your verified exchange account.

Buy Chainlink (LINK) with PayPal or e-Wallets

Using PayPal or e-wallets like Skrill/Neteller is a fast and convenient way to fund your exchange account to buy Chainlink, which is supported on platforms like eToro and Coinbase. You deposit funds via the e-wallet, then purchase LINK, usually.

Pros & Cons of Buying Chainlink with PayPal or e-Wallets:

  • Pros: Instant deposits, leverages existing balances, familiar interface, enhanced security (avoids sharing card/bank details directly).
  • Cons: Limited exchange availability; fees can sometimes match cards; potential currency conversion fees; PayPal may have its limits.

Remember, your purchased LINK stays on the exchange until you move it to a secure storage solution. When ready, research the best crypto wallets for long-term holding.

How to Store Your Chainlink (LINK) Safely After Buying


After purchasing Chainlink, it’s important to think about storage. Storing your crypto safely is crucial. There are a few different ways to store LINK, each with its level of security and convenience. Here are the primary methods, and how to ensure your LINK tokens stay safe with each:

Storing LINK on an Exchange Wallet (Custodial)

When you buy Chainlink on a centralized exchange, your LINK tokens are held in the exchange’s custodial wallet by default. This means the exchange controls the private keys, making it very convenient for viewing and trading. To keep it safe, enable strong security: use two-factor authentication (2FA), create a unique password, and utilize features like anti-phishing codes or withdrawal safelists if offered.

storing chainlink on your wallet

While reputable exchanges like Coinbase or Kraken use strong security (cold storage, insurance), leaving crypto on any exchange carries moderate risk – you rely on them not being hacked or failing. The saying “not your keys, not your coins” highlights this counterparty risk. For small amounts, it’s convenient; for large holdings, consider moving to a personal wallet.

Software Wallet (Non-Custodial Hot Wallet)

A software (hot) wallet is an app like MetaMask, Trust Wallet, or Exodus that lets you store your Chainlink (LINK). Since LINK is an ERC-20 token on Ethereum, it works with any Ethereum-compatible wallet. To set it up, download a reputable app, securely write down your generated 12-24 word seed phrase on paper (never digitally), and enable app security like a password or biometrics. You’ll then have your Ethereum address to withdraw LINK from an exchange.

software wallet web3

If managed well, you fully control your keys with a software wallet, offering high security. However, being online (“hot”) means risks like malware or phishing exist. Mitigate this by guarding your seed phrase, keeping the app updated, and avoiding suspicious links. You’ll pay an Ethereum network fee to send LINK to your wallet, but the wallet itself is free. It balances security and convenience for regular use.

Hardware Wallet (Cold Storage)

A hardware wallet is a physical device (like Ledger or Trezor) that stores your Chainlink’s private keys offline for maximum security. Since LINK is an ERC-20 token, it works seamlessly. Set it up by generating and securely storing a recovery seed phrase (on paper) and setting a PIN on the device. Use a companion app to view balances, but transactions require physical confirmation on the device itself.

cold storing your chainlink on ledger

Safety is very high. The wallet stays offline (“cold storage”), making remote hacking extremely difficult. Risks are limited to physical loss/theft of both the device and your PIN/seed phrase. While hardware wallets cost money ($50-$150), they are the top choice for securely holding significant amounts of LINK long-term due to their robust protection against online threats.

👉 Check our cold wallet comparison for more information.

Common Mistakes to Avoid When Buying Chainlink


Entering the crypto world is exciting, but there are some common pitfalls and mistakes that new buyers should be careful to avoid. Here are a few to keep in mind when buying Chainlink:

Country/Region Is Chainlink (crypto) legal? Key Considerations
United States Yes (legal to buy/own) Exchanges must register; you report taxes. Licensed platforms safely sell established tokens like LINK.
United Kingdom Yes (legal) The UK allows crypto trading and investing. Exchanges register with FCA; LINK allowed. Derivatives banned; profits taxed.
Europe (EU) Yes (legal) EU-wide crypto is legal under MiCA uniform rules. Tax varies by country; use compliant exchanges for safety.
Australia Yes (legal) Australia treats crypto as legal property. Exchanges register with AUSTRAC; pay tax on profits. Crypto-friendly environment.
Asia Mostly Yes (country-dependent) Asia crypto laws vary: China bans; Japan and Korea regulate; India taxes; Singapore allows. Always verify locally.

How safe is Chainlink?

Chainlink runs securely. It uses audited code and decentralized nodes and has a solid track record since 2017. However, its price swings hard, historically, it has ranged from under $1 to over $50, so only risk what you can afford to lose.

While Chainlink itself isn’t a scam, watch out for common types of crypto scams like phishing or “guaranteed returns.” Never send LINK to strangers.

Major exchanges list LINK, ensuring easy trading. It works across blockchains like Ethereum, Solana, and Polygon. Active development (like staking) and a committed community reduce abandonment risk.

In short, Chainlink is among the more established projects, but stay cautious. Secure your tokens, follow official updates, and learn to spot scams.

Pros and Cons of Buying Chainlink (LINK)


Every investment has its advantages and disadvantages. Let’s break down the pros and cons of buying Chainlink:

Pros of Buying Chainlink
  • Established, Real-World Use Case: Chainlink powers thousands of smart contracts as blockchain’s essential oracle network – far beyond pure speculation.
  • Widespread Adoption & Partnerships: Integrated across DeFi/traditional finance (SWIFT, ICE), bridging crypto with real-world markets.
  • Strong Community & Longevity: Survived since 2017 with loyal “Link Marines.” Battle-tested through market cycles.
  • Potential Upside: Historically strong bull runs; predicted growth as DeFi expands, capturing more ecosystem value.
Cons of Buying Chainlink
  • Competition & Alternatives: Oracle rivals like Band Protocol exist; new tech could challenge Chainlink’s dominance despite its lead.
  • Selling Pressure: The maximum LINK supply is 1 billion; team/node holdings may create sell pressure during unlocks or distributions.
  • Regulatory Uncertainty: Potential security classification could impact LINK trading, though currently decentralized.
  • Opportunity Cost: Capital tied in LINK may underperform alternatives – diversify to mitigate single-asset risk.

FAQs About Buying Chainlink (LINK)


How much does it cost to buy Chainlink?

Do I need a crypto wallet to buy Chainlink (LINK)?

What payment methods can I use to buy Chainlink?

Is LINK a good investment in 2025?

How is buying Chainlink (LINK) different from buying Bitcoin?

Where is the best place to buy LINK right now?

References

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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